The Number or Contingent Workers Has Risen Sharply in Recent

question 46

Multiple Choice

The number or contingent workers has risen sharply in recent years, comprising of about ______of the total workforce.

• A)5%
• B)10%
• C)15%
• D)20%

---

Definitions:

Long-Run Supply

The total quantity of goods or services that a market can produce and provide over a long period, considering all relevant input adjustments.

Lowest Price

The minimum cost at which a product or service is offered in the market.

Short Run

A period of time in economics during which at least one input, usually capital, is fixed and cannot be changed.

Efficient Output

The level of production at which a company or economy can produce the maximum amount of goods and services with the least waste of resources.